The best indicator for Roku
We backtested 382 indicators across daily, weekly and hourly charts on real Roku history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Stochastic RSI
On the daily chart, this is the strongest risk-adjusted edge we found for Roku over ~8.7 years — beating buy-and-hold by 19.8% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Stochastic RSI ✓ | Daily | 42.0% | 1.11 | -43.6% | 70.1% | 67 | 19.8% |
| 2 | Pivot Point SuperTrend ✓ | Daily | 36.4% | 0.84 | -49.8% | 56.2% | 16 | 14.2% |
| 3 | SMC: Fair Value Gap ✓ | Weekly | 31.4% | 0.8 | -50.4% | 50.0% | 20 | 11.1% |
| 4 | Supertrend (14,4) ✓ | Daily | 33.2% | 0.79 | -56.9% | 66.7% | 18 | 11.0% |
| 5 | Order-Flow Reversion ✓ | Daily | 22.6% | 0.78 | -46.1% | 69.7% | 33 | 0.4% |
| 6 | Rate of Change ✓ | Weekly | 29.8% | 0.78 | -47.6% | 46.2% | 26 | 9.5% |
| 7 | Gaussian Channel ✓ | Weekly | 29.6% | 0.78 | -58.2% | 53.6% | 28 | 9.3% |
| 8 | Triangular MA ✓ | Weekly | 28.3% | 0.76 | -57.3% | 47.1% | 17 | 8.0% |
| 9 | UT Bot (ATR Trailing) | Weekly | 27.2% | 0.75 | -64.5% | 53.8% | 26 | 6.9% |
| 10 | PMax ✓ | Daily | 37.9% | 0.86 | -57.1% | 69.2% | 13 | 15.7% |
| 11 | EMA 10/40 Cross ✓ | Daily | 27.7% | 0.74 | -56.5% | 53.8% | 26 | 5.5% |
| 12 | Pretty Good Oscillator ✓ | Weekly | 27.5% | 0.74 | -58.7% | 61.9% | 21 | 7.2% |
| 13 | Sine-Weighted MA ✓ | Weekly | 26.8% | 0.73 | -58.8% | 42.1% | 19 | 6.5% |
| 14 | EMA 13/48 Cross ✓ | Daily | 26.4% | 0.72 | -54.3% | 58.3% | 24 | 4.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Roku, Stochastic RSI on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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